MHP Hotel AG Expands with Hyatt Regency Vienna Acquisition

MHP Hotel AG has secured a new premium mandate through the acquisition of operations of Andaz Vienna, which will be rebranded as Hyatt Regency Vienna in April 2026. This move aligns with MHP’s asset-light growth strategy in the premium hotel segment. Located near Belvedere castle, the 303-room hotel targets a mix of leisure, corporate, and MICE demand. It is expected to contribute €25 million in sales in fiscal year 2026, potentially increasing to a €26 million run-rate annually.

The acquisition strengthens MHP's strategic partnership with major international brands, including Marriott and Hilton, enhancing the company’s visibility in key European cities. The hotel will remain operational during the transition, maintaining continuity in operations, staff, and bookings. Further expansions are anticipated, including the Sheraton Vienna in 2027 and Autograph Collection Stuttgart in 2028.